The Fed is checkmated. They will cut in the face of inflation heading back up and will end up doing QE again.
This is am excellent environment for gold.
As for BC8, it is stuck in its own funding saga. Until it is resolved and uncertainties cleared, POG can be $4k and it will be in the 20c - 26c range.
The Fed is checkmated. They will cut in the face of inflation...
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 (20min delay)
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Last
27.5¢ |
Change
-0.020(6.78%) |
Mkt cap ! $84.85M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.3¢ | 27.5¢ | $434.5K | 1.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 94822 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 204666 | 6 |
View Market Depth
| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
-0.020 ( 7.81 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.3¢ | 27.5¢ | 1400544 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
| BC8 (ASX) Chart |